Leonardo (OTCMKTS:FINMY) Stock Passes Below 50-Day Moving Average – Should You Sell?

Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $28.60 and traded as low as $27.05. Leonardo shares last traded at $27.20, with a volume of 100,484 shares changing hands.

Analyst Ratings Changes

Several research firms recently commented on FINMY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Leonardo in a report on Monday, October 6th. The Goldman Sachs Group raised shares of Leonardo to a “hold” rating in a research note on Friday, September 19th. Finally, Barclays upgraded shares of Leonardo to a “hold” rating in a report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Leonardo currently has a consensus rating of “Moderate Buy”.

Leonardo Stock Down 0.4%

The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.59. The stock’s 50 day simple moving average is $28.60 and its 200-day simple moving average is $28.52.

Leonardo Company Profile

Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States, and internationally. The company offers a range of helicopters for battlefield, combat, maritime, training, VIP/executive transport, medical and rescue, security, energy, and utility services, as well as provides support and training services.